The Offering: Cushman & Wakefield Boerke has been exclusively retained to market for sale this 100% occupied property, a 43,670 square foot retail center in Madison, Wisconsin. Located on along Madison’s Beltine Highway, this presents an opportunity to purchase a fully occupied retail center with strong national and regional tenants.
100% leased to Sky Zone and Northern Tool. Located adjacent to Pet World, Steinhafels Furniture, and Culver’s (outlot).
Visible to 124,574 vehicles per day on the Beltine Highway. Average household income of $ $82,921 within three miles of the property.
Attracts customers from both east & west Madison sub-markets
TOTAL SIZE: 43,670 SF
ASKING PRICE: $4,150,000
CAP RATE: 8.762%
Address: 2118 & 2148 W Beltline Hwy, Madison, WI
Building Size: 43,670 SF
Lot Size: 3.02 Acres | 1.81 Acres | 4.83 Acres Combined
Zoning: CC – Commercial Center District
Tax Key: 251-0709-343-0705-4 | 251/0709-343-0703-8
Year Built: 1997
Parking: Surface Stalls On Site
Assessed Value (2022): $3,590,000 | $2,156,500.00 | $5,746,500 Combined
Taxes (2021): $70,427.36 | $42,061.30 | $112,488.66 Combined